EQS-News: AUSTRIACARD HOLDINGS AG:

EQS-News: AUSTRIACARD HOLDINGS AG / Key word(s): Capital Increase
AUSTRIACARD HOLDINGS AG:

17.08.2023 / 12:56 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Vienna, this 17 August 2023

AUSTRIACARD HOLDINGS AG: IMPLEMENTATION OF THE CAPITAL INCREASE FROM
COMPANY FUNDS (BY CONVERSION OF FIXED CAPITAL RESERVES)

The annual general meeting of AUSTRIACARD HOLDINGS AG (the “Company”) held
on 30 June 2023 has resolved under agenda item 8 on (a) the conversion of
the shares in the Company from par-value shares to no-par-value shares,
(b) the increase of the share capital of the Company from currently
EUR 18,176,934 by EUR 18,176,934 to EUR 36,353,868 from company funds by
converting a partial amount of EUR 18,176,934 from the appropriated
additional paid-in capital into share capital (nominal capital increase)
and issuing additional (bonus) shares in the ratio of 1:1, and (c) the
corresponding amendment of the articles of association of the Company in
sections 4.1, 4.2, 4.9 and 8.5.1.

The amendment of the articles of association was registered with the
Austrian companies register on 17 August 2023. Upon registration, the
amendment of the articles of association (including the conversion of the
shares from par-value shares to no-par-value shares, the increase of the
share capital and the increase of the number of shares in the Company to a
total of 36,353,868 shares) became legally effective. Therefore, as of
this 17 August 2023 the share capital of the Company amounts to
EUR 36,353,868 and it is divided into 36,353,868 (no-par-value ordinary
shares), each representing an equal amount of the share capital and each
granting one vote.

The admission of the new (bonus) shares to Athens Exchange (ATHEX) and its
allocation to the existing shareholders free of charge in the ratio of 1:1
has been approved by the Corporate Actions Committee of ATHEX with its
decision dated 1 August 2023, subject to registration of the respective
amendment of articles of association with the Austrian companies’
register.

The respective adjustment of the listing on the Vienna Stock Exchange
(VSE) and ATHEX, including the technical implementation of the conversion
from par-value shares to no-par-value shares and the detachment of the
right to receive new (bonus) shares, will be effected on 21 August 2023
(“ex-date”). At the same date, upon adjustment of the listing by the VSE
and ATHEX the share price per share is expected to halve (due to the
doubling of the number of shares) as per applicable regulations.

The record date for the issuance of the new (bonus) shares is 22 August
2023, end of day (24:00 hrs Vienna time). Shareholders holding a share in
the Company as of the record date will be issued an additional (bonus)
share for each share.

The technical entry of the new (bonus) shares in the systems of VSE and
ATHEX and the beginning of trading of these new (bonus) shares issued in
connection with the capital increase from company funds (nominal capital
increase) is planned to be effected on 23 August 2023.

Shareholders are advised that – depending on the day of entry of the new
(bonus) shares to the shareholder’s securities accounts as determined by
the depository credit institution, depository financial service provider
or central securities depository of the shareholder – the sale of the new
(bonus) shares might not be possible until the actual entry of the new
(bonus) shares to each shareholder’s securities’ account. Purchases of
shares and sales of the existing shares are unaffected by this.

Trading of the existing shares in the Company on the Vienna Stock Exchange
and the Athens Exchange will generally be possible on all trading days.

Further information is available in the Q&A accessible under
www.austriacard.com/agm/ and in the information document published via
ATHEX and on the website of the Company.

Timeline

17 August 2023 Registration of the amendment of the
articles of association with the
Austrian companies register (including
the conversion of the shares from
par-value shares to no-par-value
shares, the increase of the share
capital and the increase of the number
of shares in the Company to a total of
36,353,868 shares).
21 August 2023 Ex-date, adjustment of the listing by
Vienna Stock Exchange and Athens
Exchange: technical implementation of
the conversion from par-value shares
to no-par-value shares, detachment of
the right to receive new (bonus)
shares, halving of reference share
price given the doubling of number of
shares trading.
22 August 2023 Record date end of day (24:00 hrs
Vienna time)
23 August 2023 (or later, depending Start of trading of new (bonus) shares
on the shareholder’s depository and envisaged entry of new (bonus)
credit institution/depository shares to the shareholder’s
financial service provider/central securities’ account.
securities depository)

 

 

 

ABOUT AUSTRIACARD HOLDINGS AG

AUSTRIACARD HOLDINGS AG, headquartered in Vienna, with an international
presence, is one of the leading providers of Secure Digital Technology
Solutions in Europe. 

AUSTRIACARD HOLDINGS AG is the one of the leading B2B providers of smart
cards, personalization and payment solutions, as well as secure data
management and digitalization solutions, in Austria, Scandinavia, Central
and Eastern Europe and South Eastern Europe, while also having significant
market share in many other European countries and Türkiye. The group is
expanding fast in geographical areas outside Europe, such as the USA where
it has established a new personalization center, and the Middle East &
Africa where sales units have been developed that have already drawn
significant new business. In addition, the company has become a payment
products and solutions partner of choice for challenger banks/neo banks, a
growing market segment world-wide.

The company has a very strong pan-European operational footprint, reaching
from the United Kingdom to Greece and Türkiye, with seven production
facilities and seven personalization centers in Europe, as well as an
additional personalization center in USA, employing currently around 2,500
people. It also has sales offices in Norway, Czech Republic, Germany,
Croatia, Serbia, Jordan, the UAE and a network of partners and selling
agencies around the world. This footprint enables the provision of a high
service level to our customers, confirmed by the very long-lasting
business relationships. The group’s international customer base benefits
from a complementary product and services and solutions offering ranging
from bill printing, direct mailing and document processing to payment,
transit and ID cards increasingly bundled with online, mobile and
digitalization transformation solutions.

 

 

 

 

Issuer:   AUSTRIACARD HOLDINGS AG

   Lamezanstraße 4-8

                                       1230 Vienna

Austria

Contact person:               Dimitris Tzelepis

Tel.:                                 +43 1 61065 – 357

E-Mail:                             d.tzelepis@austriacard.com

Website:   www.austriacard.com

ISIN(s):    AT0000A325L0

Stock Exchange(s):  Vienna Stock Exchange (prime market)

    Athens Exchange (main market)

 

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17.08.2023 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com

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Language: English
Company: AUSTRIACARD HOLDINGS AG
Lamezanstraße 4-8
1230 Vienna
Austria
E-mail: ac.contact@austriacard.com
Internet: https://www.austriacard.com/
ISIN: AT0000A325L0
WKN: A3D5BK
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1706025

Notierung vorgesehen, intended to be listed;

 
End of News EQS News Service

1706025  17.08.2023 CET/CEST

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